House of Representatives | Egypt Oil & Gas - Part 2

House of Representatives Praise MoP Efforts in COVID-19

Egypt did not witness any shortages in petroleum products during the pandemic thanks to the plans and strategies of the Ministry of Petroleum and Mineral Resources (MoP), the Head of Energy and Environment Committee, ...

SOPC to Receive $50 MM Loan for Energy Efficiency Improvement

The House of Representatives approved the presidential decree no. 118 for 2020 regarding an additional $50 million loan agreement with the European Bank for Reconstruction and Development (EBRD) to improve the Suez Oi...

House of Representatives to Ask for Gas Price Reduction

The Industry and Energy Committee of the House of Representatives intends to ask the government to reduce natural gas prices for the energy-intensive factories, Alborsanews reported citing Parliamentary sources. Accor...

House of Representatives Approves 11 Exploration Agreements

The Energy and Environment Committee of Egypt’s House of Representatives, Chaired by Talaat El Sewedy, approved 11 projects, delegating the Minister of Petroleum and Mineral Resources, Tarek El Molla, to explore for o...

House to Pass Mineral Wealth Law Amendments Soon

Amendments to the mineral wealth law are expected to be passed by the House of Representatives during its current session, Alshorouk reported, citing a source in the Mineral Resources Authority. The new amendments aim...

Cypriot House Ratifies Natural Gas Pipeline Agreement with Egypt

The Cypriot House of Representatives has approved the agreement between Egypt and Cyprus to establish a natural gas subsea pipeline between the two countries, Cyprus News Agency reported. The agreement was ratified as...

Egypt to Reconsider Power Brackets

Egypt’s House of Representatives’ Energy Committee asked the Egyptian Ministry of Electricity to consider 250kWh consumption tier as limited income households, reported Al Borsa. The Energy and Environment...

Egypt’s Parliament Approves Loan Agreements

The Egyptian House of Representatives approved three funding agreement for various energy projects, with a combined value of $942m. The Egyptian House of Representatives approved presidential decree 231 for 2016 in re...

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